Personal Loan Team Lead Interview Questions and Answers

The monthly target of business is determined based on the company's goals and objectives.

• The target may vary depending on the market conditions and competition.

• It is important to analyze past performance and set realistic targets.

• The target should be challenging but achievable.

• Regular monitoring and analysis of progress towards the target is necessary.

• Examples of factors that may influence the target include seasonality, economic conditions, and marketing campaigns.

The sources of business for personal loans can be both direct and indirect.

• Direct sources include referrals from existing customers, online and offline marketing campaigns, and partnerships with financial institutions.

• Indirect sources include credit bureaus, social media platforms, and online loan marketplaces.

• Networking and building relationships with real estate agents, car dealerships, and other businesses can also lead to potential customers.

• Offering competitive interest ...read more